Hong Kong stocks closed: Hang Seng Index fell 1.27%, Hang Seng Tech Index fell 2.04%. Zhipu (02513.HK) dropped more than 10%, MiniMax (00100.HK) dropped more than 8%, Zhida Technology (02650.HK) jumped more than 107%.

TPG Capital is working with JP Morgan bankers to explore a possible sale of medical-payments software company Lyric for about $5 billion, sources said.

Israel’s finance ministry chief economist said GDP growth is now expected to exceed prior forecasts, driven largely by revenue from NVIDIA’s large R&D centre in the country. The so‑called “NVIDIA effect” has prompted upward GDP revisions over the past two years and is expected to deliver a similar boost this year. The economist projects annual growth above 4% this year, versus prior official forecasts and an analysts’ survey median of 3.6%; GDP expanded 3.2% in 1H.